Job Title/Req Number: Investment Oversight Manager
Base Location: London, plus network of 20 offices nationally: www.kpmg88careers.co.uk/experienced-professional/#LeBlender.OfficeLocations
The KPMG Risk and Consulting function is a cornerstone of our business. Operating from 20 UK offices with a base in London we do work that matters, serving the country with diligence and expertise.
KPMG is one of the world's largest and most respected consultancies. We've supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval. We've proudly stood beside the institutions and businesses which make the UK what it is.
By encompassing a wide range of disciplines across a breadth of areas such as FRTB, Traded Risk, Conduct risk, Model Validation and Ops Risk we become immersed in our clients' organisations, applying sector knowledge and technology solutions to deliver the best possible outcomes and get it right first time.
Why Join KPMG as Investment Oversight Manager?
Our Risk and Regulatory practice provides advisory services to assist leading organisations in the Wealth and Asset Management (“WAM”) sector. KPMG has a proven track record of helping clients in this area, and we have significant growth plans in this sector given the opportunities arising from a substantive regulatory agenda, an evolving and increasingly complex risk management environment, and a need to transform risk and compliance capability.
The Risk and Regulatory team possess a variety of core assurance and advisory skills and have considerable industry knowledge and specialist expertise of the UK and EU regulatory environment.
What will you be doing?
Advising clients on key areas of risk and regulatory compliance within the WAM sector and the challenges that changing regulation has on their business models. This role has a specific focus on front office controls and trading oversight. This will include supporting clients on the following areas:
- Front Office governance arrangements, control environments and corporate culture around dealing, investment management processes and related regulatory compliance in this area
- The development of Target Operating Models for risk and control functions cross the 3 Lines of Defence.
- Reviewing, developing, and implementing risk monitoring capability aligned to the investment teams and dealing desks .
- Conflicts of interest management across the front office including the use of related technology in this area. Developing best practice control and oversight around COBS compliance
- The review and development of market surveillance programmes including market abuse frameworks and related technology in this area
- Supporting regulatory change and implementation programmes with a specific focus on the front office, investment solutions and dealing.
- Pre/Post regulatory implementation health checks.
- Delivering client engagements, working in both small sized teams and larger, multi-disciplinary teams.This would include the whole engagement lifecycle: Planning to completion and reporting directly to the engagement Director and Partner.
- Delivering Section 166 reviews and reporting to the FCA as part of a wider team.
- Providing advice regarding regulatory requirements affecting the WAM sector.
- Delivering high quality written outputs for client consumption.
The candidate will also be expected to:
- Keep up to date with industry specific issues and circumstances which affect WAM regulation
- Prepare presentations and lead internal training
- Develop propositions and points of view around the risk and control environments within the Front Office, dealing and trading oversight teams.
What will you need to do it?
- 5-10 years’ experience in a financial service role with specific experience in a risk or regulatory role.
- The ability to evaluate technical issues, analyse facts, consult and deliver solutions to clients.
- Excellent communication and presentation skills, including an ability to communicate well with clients (internal and external) in writing and verbally.
- Experience with Order Management Systems such as BlackRock Aladdin, CRD, Simcorp and Sentinel.
- Strong expertise of at least one of the following areas; Investment Risk, Investment Compliance, Market Abuse, Best Execution.
- Understanding of regulatory developments and key current issues facing clients.
- Experience in working with teams and the ability to work independently.
- Educated to degree level or equivalent.
- Professional qualification preferred (e.g. CFA, FRM, PRM), with strong knowledge of regulatory rules and guidance but crucially practical application within the WAM industry.
- Strong understanding of businesses, structures, governance frameworks, and process and control infrastructures of firms in the WAM sector.
- Strong communication skills and ability to influence and deal with senior individuals.
- Knowledge of the UK/EU regulatory environment, including the familiarisation with:
- FCA Handbook:
- SYSC
- COLL
- FUND
- MAR
- UCITS
- AIFMD
- MAR
- MiFID II
Skills we’d love to see/Amazing Extras:
- Strong understanding of the trade life cycle in asset management
- Excel proficiency, with bonus points for SQL or Python
To discuss this or wider Consulting roles with our recruitment team, all you need to do is apply, create a profile, upload your CV and begin to make your mark with KPMG.
Our Locations:
We are open to talk to Risk Assistant Managers across the country but our core hub for this role is:
With 20 sites across the UK, we can potentially facilitate office work, working from home, flexible hours, and part-time options. If you have a need for flexibility, please register and discuss this with our team.
Find out more:
Within Consulting we have a range of divisions and specialisms. Click the links to find out more below:
- Consulting at KPMG: www.kpmgcareers.co.uk/experienced-professional/consulting/
- ITs Her Future Women in Tech programme: www.kpmgcareers.co.uk/people-culture/it-s-her-future/
- KPMG Workability and Disability confidence: www.kpmgcareers.co.uk/experienced-professional/applying-to-kpmg/need-support-let-us-know/
For any additional support in applying, please click the links to find out more:
- Applying to KPMG: www.kpmgcareers.co.uk/experienced-professional/applying-to-kpmg/
- Tips for interview: www.kpmgcareers.co.uk/experienced-professional/applying-to-kpmg/application-advice/
- KPMG values: www.kpmgcareers.co.uk/experienced-professional/applying-to-kpmg/our-values/
- KPMG Competencies: www.kpmgcareers.co.uk/experienced-professional/applying-to-kpmg/kpmg-competencies/
- KPMG Locations and FAQ: www.kpmgcareers.co.uk/faq/?category=Experienced+professionals
